Which UK wealth manager is the best value play?
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Mark FitzPatrick, CEO of St James's Place, which is the UK's largest wealth manager
It’s a great time to be an investor in one of Britain’s wealth managers. After years of disappointing performance, UK-listed wealth firms are finally delivering double-digit returns.
St James’s Place, the biggest of the bunch with £212.4bn in assets, has seen its share price shoot up around 60% this year. Meanwhile, FTSE 250-listed Quilter and Rathbones are up 19% and 9% year-to-date, respectively.
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